KEXIM, US DOE to support S.Korean green energy firms

KEXIM, US DOE to support S.Korean green energy firms

The Export-Import Bank of Korea (KEXIM) said on Mar. 7 that it will support domestic firms that aim to enter the American green energy industry with...

Brookfield taps ARA Korea as preferred bidder for Conrad Seoul

Brookfield taps ARA Korea as preferred bidder for Conrad Seoul

Canada’s Brookfield Asset Management Ltd. has selected Seoul-based real estate manager ARA Korea Ltd. as the preferred bidder for five-star ho...

Samsung Asset wins iF Design Award

Samsung Asset wins iF Design Award

South Korea's Samsung Asset Management announced on Friday that its exchange-traded fund (ETF) brand KODEX has won the top prize in the communicatio...

NPS to veto adding Hyosung chair, vice chair to board

NPS to veto adding Hyosung chair, vice chair to board

The National Pension Service (NPS) will veto the appointment of the chairman and vice chairman of Hyosung Corp. as inside board members of the de fa...

Samsung to use recycled neon gas in chip manufacturing

Samsung to use recycled neon gas in chip manufacturing

Samsung Electronics Co. will use recycled neon gas in chip production for the first time in the world, a move expected to stabilize the cost and sup...

HD Hyundai Heavy picks Philippines as Asian base for warship sales

HD Hyundai Heavy picks Philippines as Asian base for warship sales

South Korea’s top shipbuilder HD Hyundai Heavy Industries Co. (HHI) said on Thursday it has chosen the Philippines as its base for the sale of...

IGIS Asset halts sale process of controlling stake

IGIS Asset halts sale process of controlling stake

Key shareholders of South Korea’s IGIS Asset Management Co., one of the largest real estate firms in Asia, have decided to halt the process of...

Taihan Cable to supply UHV network to Balfour Beatty

Taihan Cable to supply UHV network to Balfour Beatty

South Korea's Taihan Cable & Solution Co. announced on Thursday that it will supply an an ultra-high voltage (UHV) power network worth $38 mil...

Hyundai Steel to resume steel production in Russia

Hyundai Steel to resume steel production in Russia

South Korea’s Hyundai Steel Co. is expected to resume steel production in Russia two years after it took its plant offline in the country amid...

Korea reclaims top spot in global shipbuilding orders in February

Korea reclaims top spot in global shipbuilding orders in February

South Korean shipbuilders reclaimed the global No. 1 position in new orders last month for the first time since October 2023, according to data by U...

Hyundai E&C expands foreign alliances in pursuit of UK SMR project

Hyundai E&C expands foreign alliances in pursuit of UK SMR project

Hyundai Engineering & Construction Co. (Hyundai E&C) has welcomed two British companies to its joint bid with US energy technology company H...

Vivid Health gets seed round from Kakao Ventures

Vivid Health gets seed round from Kakao Ventures

Vivid Health, a South Korean startup that operates an obesity treatment management platform announced on Wednesday that it got a seed round investme...

LG Elec showcases EV chargers optimized for various spaces

LG Elec showcases EV chargers optimized for various spaces

LG Electronics Inc. on Wednesday unveiled its electric vehicle charging solutions optimized for homes, commercial spaces and charging stations at 20...

Naver, Aramco to team up to enter Saudi Arabia

Naver, Aramco to team up to enter Saudi Arabia

South Korea’s online giant Naver Corp. announced on Wednesday that it signed an agreement with Aramco Digital, a subsidiary of the world's lar...

Lotte Insurance's value rises with long-term care expansion

Lotte Insurance's value rises with long-term care expansion

When South Korean private equity firm JKL Partners acquired a 77% stake in Lotte Insurance Co. for about 730 billion won ($546.3 million) in 2019, m...

Hyundai Movex to supply smart logistics for EcoPro BM Canada plant

Hyundai Movex to supply smart logistics for EcoPro BM Canada plant

South Korea’s Hyundai Movex Co., the logistics automation solutions affiliate of Hyundai Group, announced on Wednesday that it signed a 20 bil...

Woori Financial to sponsor MLB Seoul Series

Woori Financial to sponsor MLB Seoul Series

South Korea's Woori Financial Group announced on Tuesday that it will be an official sponsor of the US Major League Baseball World Tour Seoul Series...

Seoul Semiconductor sues Amazon Europe for LED patent infringement

Seoul Semiconductor sues Amazon Europe for LED patent infringement

South Korea’s Seoul Semiconductor Co. said on Tuesday it had filed a complaint against multinational commerce giant Amazon with the European U...

Indonesia's KB Bukopin rebranded as KB Bank

Indonesia's KB Bukopin rebranded as KB Bank

Bank KB Bukopin, an Indonesian subsidiary of KB Kookmin Bank, announced on Monday that it rebranded as KB Bank. The corporate name PT Bank KB Buko...

LS Eco Energy to supply UHV cables to Singapore's EMA

LS Eco Energy to supply UHV cables to Singapore's EMA

South Korea's LS Eco Energy Ltd. announced on Tuesday that its Vietnamese production subsidiary, LS-VINA, will supply 12 billion won ($8.99 million)...

HD KSOE reaches 50% of order target in two months

HD KSOE reaches 50% of order target in two months

South Korea’s top shipbuilder HD Korea Shipbuilding & Offshore Engineering (HD KSOE) announced on Monday that it signed shipbuilding contr...

Mirae Asset to sell Korean treasuries to retail investors

Mirae Asset to sell Korean treasuries to retail investors

The South Korean government on Monday tapped Mirae Asset Securities Co. as the brokerage chosen to sell treasury bonds, the sale of which will be la...

Hyundai Mobis applies 1,200 future mobility patents in 2023

Hyundai Mobis applies 1,200 future mobility patents in 2023

Hyundai Mobis has strengthened its competitiveness in future mobility by filing numerous patents in the electric and autonomous driving fields.The c...

LG Display to raise $971 mn in rights offering for OLED business

LG Display to raise $971 mn in rights offering for OLED business

LG Display Co., the world’s leading manufacturer of organic light-emitting diode (OLED) panels, said on Monday it will raise 1.29 trillion won...

Kumho Tire forges tech licensing agreement with Saudi's Blatco

Kumho Tire forges tech licensing agreement with Saudi's Blatco

Kumho Tire Co. announced on Monday that it signed a technology export contract with Saudi Arabia's Black Arrow Tire Co. (Blatco).Under the deal, Kum...

Korean EV battery makers to unveil tech for industry recharge

Korean EV battery makers to unveil tech for industry recharge

South Korea’s three major electric vehicle battery makers are gearing up to invigorate the global green car market with new technologies they ...

S.Koreans watch YouTube over 40 hours a month

S.Koreans watch YouTube over 40 hours a month

South Koreans spend more than 40 hours per month on YouTube, according to the study on Monday.Wiseapp·Retail·Goods, the domestic appli...

Lotte, Neubility to develop autonomous security robots

Lotte, Neubility to develop autonomous security robots

South Korea's Lotte Data Communication Co. signed a memorandum of understanding (MOU) with a domestic autonomous robot service company Neubility on ...

Korean manufacturers on edge over US visa quotas

Korean manufacturers on edge over US visa quotas

A South Korean automotive parts maker, which made its inroads into the US in the mid-2010s, sharply expanded its production facilities in Alabama la...

NPS to invest up to $8.2 bn in undervalued Korean stocks

NPS to invest up to $8.2 bn in undervalued Korean stocks

South Korea’s National Pension Service (NPS), the world’s third-largest pension fund, is expected to invest up to 11 trillion won ($8.2 ...

Samsung Electro-Mechanics’ plan to build plant in Mexico shelved amid Trump tariffs Fictional K-pop band Saja Boys beat BTS, Blackpink to top US Spotify charts S.Korea’s extra budget approved; IBs lift economic forecast BTS’ Suga, MLB star Chan Ho Park to join Oakland Athletics as shareholders Celltrion secures $730 mn to buy biosimilar unit shares, pursue M&A